Year: 2023

Bernie Ecclestone originally pleaded not guilty to the charge in August of last year.

P1racenews AI

Former Formula 1 boss Bernie Ecclestone has admitted to fraud for failing to declare £400 million in a trust. He initially denied the charges but pleaded guilty in court on Thursday. Ecclestone failed to disclose a bank account in Singapore that held approximately $650 million. When asked if he had connections to other trusts, Ecclestone falsely answered “No.” He now acknowledges that he should not have provided misleading information and accepts that he owes taxes in relation to these matters. Ecclestone was the head of Formula 1 for many years…

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Track limits were a recurring theme during the Qatar Grand Prix weekend and FIA president Mohammed Ben Sulayem says a solution must be urgently found.

P1racenews AI

FIA President Mohammed Ben Sulayem has issued a warning that Austria and Qatar may be dropped from the Formula 1 schedule unless a solution to track limit breaches is found. Track limits were a major talking point during the race weekend in Qatar, with drivers having their lap times deleted and receiving penalties. Similar issues were observed earlier in Austria, with a high volume of track limit violations. Ben Sulayem believes that improving the tracks themselves is the solution, rather than relying solely on stewards to enforce the limits. He…

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